A table is bought for Rs.400/- and sold at Rs.500/- find gain or loss percentage
(a) 30% Gain (b) 25% Gain (c) 30% Loss (d) 25% Loss
- Deepshikha
- 15 Apr
- 2032 Answers
2032 Answers
2032 Answers
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25%0Modal content
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(b) 25%0Modal content
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Solve by tecnically or logically.
Logical way :-
If Rs 100 = 100%,
then for 100% of Rs 400/- = Rs 4.
So for Rs 100/- , it will be 25%
Now coming to the question, They have brought the table for Rs 400/- and sold it for Rs 500/- , it is clear that it was a profit.
So if Rs 100/- = 25% , then for Rs 500/- , it will be (25% * 5) = 125% .
Therefore, 25% gain is the answer.0Modal content
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25% gain0Modal content
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(b) 25% Gain0Modal content
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25%
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